Hargray

Hilton Head Island, United States Founded: 1947 • Age: 79 yrs Acquired By Cable ONE
Fixed-line telecommunication and TV services are offered to customers.
Request Access

About Hargray

Hargray is a company based in Hilton Head Island (United States) founded in 1947 was acquired by Cable ONE in February 2021.. The company has 847 employees as of December 31, 2020. Hargray has completed 7 acquisitions, including ComSouth, Dark Fiber Systems and Electronet. Hargray offers products and services including High-Speed Internet, Cable TV, and Home Phone. Hargray operates in a competitive market with competitors including KPN, FPT Telecom, Ciena, Hong Kong Broadband Network and Bezeq, among others.

  • Headquarter Hilton Head Island, United States
  • Employees 847 as on 31 Dec, 2020
  • Sectors
    Telecommunications
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Hargray Communications
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $480 M (USD), Debt – Conventional

    May 01, 2017

  • Investors
    Stephens

    & 4 more

  • Employee Count
    847

    as on Dec 31, 2020

  • Investments & Acquisitions
    ComSouth

    & 6 more

  • Acquired by
    Cable ONE

    & 2 more

    (Feb 15, 2021)

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

Products & Services of Hargray

Hargray offers a comprehensive portfolio of products and services, including High-Speed Internet, Cable TV, and Home Phone. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Delivers reliable speeds for streaming, gaming, and remote work.

Provides digital channels and on-demand content for entertainment.

Offers reliable calling with features like international plans.

People of Hargray
Headcount 50-200
Employee Profiles 34
Board Members and Advisors 8
Employee Profiles
People
Andrew J. Rein
CFO
People
Tom Walsh
VP Information Technology
People
Michael Gottdenker
Chairman and CEO
People
Mike Miscavage
Internal Audit Manager

Unlock access to complete

Funding Insights of Hargray

  • Total Funding
  • Total Rounds 2
  • Last Round Debt – Conventional — $480.0M
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2017 Amount Debt – Conventional - Hargray Valuation

investors

Jun, 2015 Amount Private Equity Round - Hargray Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Hargray

Hargray has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Stephens, Sparklight and The Pritzker Organization. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Growth-equity investments are managed by the private investment firm.
Founded Year Domain Location
Limited information is provided about Redwood Holdings' activities.
Founded Year Domain Location
Venture capital is invested in information and communication technology sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Hargray

Hargray has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include ComSouth, Dark Fiber Systems and Electronet. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
IT services are provided by Infinity Network Solutions.
2000
Cable television services are provided in Eatonton, United States.
1999
Activated bleaching earth is manufactured for oil and fat refining.
1997
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Hargray

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Hargray Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Hargray

Hargray operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as KPN, FPT Telecom, Ciena, Hong Kong Broadband Network and Bezeq, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Mobile and fixed-line telecommunication services are provided across Europe.
domain founded_year HQ Location
Broadband internet, IPTV, and data services are offered in Vietnam.
domain founded_year HQ Location
Cloud-based network management software is provided for infrastructure planning.
domain founded_year HQ Location
Provider of fibre optic broadband internet services
domain founded_year HQ Location
Telecom services provider in Israel
domain founded_year HQ Location
Datacenter colocation, communication technology, and managed services are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Hargray

Frequently Asked Questions about Hargray

When was Hargray founded?

Hargray was founded in 1947 and raised its 1st funding round 68 years after it was founded.

Where is Hargray located?

Hargray is headquartered in Hilton Head Island, United States. It is registered at Hilton Head Island, South Carolina, United States.

How many employees does Hargray have?

As of Dec 31, 2020, the latest employee count at Hargray is 847.

What does Hargray do?

Hargray was founded in 1947 and is headquartered in Hilton Head Island, United States. Fixed-line telecommunication and TV services are provided to residential and business customers, including internet access up to 300Mbps, television, telephone lines, and full home coverage solutions. Carrier wholesale services such as backhaul, direct internet access, DWDM, and TDM are also offered. The wireless unit was sold to Cricket Wireless for 30 million in 2007.

Who are the top competitors of Hargray?

Hargray's top competitors include KPN, Ciena and Community Fibre.

What products or services does Hargray offer?

Hargray offers High-Speed Internet, Cable TV, and Home Phone.

How many acquisitions has Hargray made?

Hargray has made 7 acquisitions, including ComSouth, Dark Fiber Systems, and Electronet.

Who are Hargray's investors?

Hargray has 5 investors. Key investors include Stephens, Sparklight, The Pritzker Organization, Redwood Holdings, and Quadrangle Group.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available